Low Power Wide Area Network (LPWAN) Market is Expected to Grow at a CAGR of 53.2% During the Forecast Period 2018 - 2025

iCrowd Newswire24 Aug 2019, 06:28 GMT+10

The global Low Power Wide Area Network (LPWAN) market accounted for US$ 986.0 Mn in 2017 and is expected to grow at a CAGR of 53.2% during the forecast period 2018 – 2025, to account for US$ 28746.5 Mn in 2025.

The explosive growth in penetration of IoT devices over the past few years has escalated the demand for Low Power Wide Area Network technology deployments. This is major because these modern technologies were cost-efficient, optimized data transmission, and scalable cellular coverage. As a result, Low Power Wide Area Network (LPWAN) is fast-emerging as a game-changer in IoT development, addressing the majority of challenges of the cellular network that included gaps in coverage and high power. Most of the Low Power Wide Area Network technologies offers low cost of ownership in comparison to the traditional cellular networks. Further, they borrow themselves to be used as public as well as private network deployments. The low-cost of ownership allows more interruption by enabling emerging players to undertake the role of network operators and by adopting the development of new business model groups along the value chain.

An exclusive Low Power Wide Area Network (LPWAN) Market research report created through broad primary research (inputs from industry experts, companies, and stakeholders) and secondary research, the report aims to present the analysis of Global Low Power Wide Area Network (LPWAN) Market by Type, By Application, By Region – North America, Europe, South America, Asia-Pacific, Middle East and Africa. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment evaluation. Besides, the report also identifies and analyses the emerging trends along with major drivers, challenges and opportunities in the global Low Power Wide Area Network (LPWAN) Market. Additionally, the report also highlights market entry strategies for various companies across the globe.

Worldwide Low Power Wide Area Network (LPWAN) Market Analysis to 2025 is a specialized and in-depth study of the Low Power Wide Area Network (LPWAN) Market with a focus on the global market trend. The report aims to provide an overview of global Low Power Wide Area Network (LPWAN) Market with detailed market segmentation by product/application and geography. The global Low Power Wide Area Network (LPWAN) Market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the Air Cargo players and offers key trends and opportunities in the market.

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global Low Power Wide Area Network (LPWAN) Market based on product and application. It also provides market size and forecast till 2025 for overall Low Power Wide Area Network (LPWAN) Market with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America (SAM), which is later sub-segmented by respective countries and segments. The report evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend and provides exhaustive PEST analysis for all five regions.

Also, key Low Power Wide Area Network (LPWAN) Market players influencing the market are profiled in the study along with their SWOT analysis and market strategies. The report also focuses on leading industry players with information such as company profiles, products and services offered, financial information of last 3 years, key development in past five years.

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